Ovo Energy announced a 3 per cent rise after cutting bills for consumers only
last month. Average household dual fuel bills will increase from £998 to
£1,028.

Stephen Fitzpatrick, the managing director, said: “No company ever likes to
announce that they have got to put their prices up. But unfortunately
prices, and the costs of supplying energy, can go up as well as down.”

The announcement appeared to contradict comments made by Dermot Nolan, the new